Facing Burnout? Here are Strategies on How Kiwi Business Owners Can Recover and Thrive
Recent years have been particularly demanding for Kiwi business owners. Are you one of the many feeling the strain?
A 2024 study found that 70% of New Zealand business owners reported experiencing high levels of stress and burnout, with many citing ongoing economic pressures like inflation and labour shortages as significant contributors. Burnout has become a pressing issue for small businesses across Aotearoa.
Burnout often results from long-term stress, manifesting in emotional and physical exhaustion. It can drain your enthusiasm for the business you once loved. But with the right strategies and support, you can regain control and reignite your passion.
What Can You Do About Burnout?
As a business owner, you’re likely juggling numerous responsibilities and tackling challenges solo. Acknowledging that you’re feeling burned out is the first step to recovery.
To manage stress and avoid prolonged burnout, try these practical steps:
1. Take a Break
Plan a break from your business as soon as possible. While a short-term rest is helpful, overcoming long-term stress requires consistent effort.
2. Delegate Tasks
Focus on high-value activities and outsource tasks like bookkeeping, payroll, or administrative work. This will free up your time and energy for more significant responsibilities.
3. Re-Energise Through Connections
Connect with fellow Kiwi business owners or join industry groups to share experiences. A business coach can also provide tailored business advice and strategies to reignite your enthusiasm.
4. Set Boundaries
Evaluate your working hours and streamline processes to create more balance. Ask yourself: Are you working efficiently, or is it time to establish boundaries to protect your well-being?
5. Reassess Your Goals
Revisit your short-term and long-term business goals. Adjust them if they feel overwhelming. Clear, achievable goals can help restore focus and motivation.
6. Prioritise Self-Care
Make self-care a priority. Regular exercise, time outdoors, or even a retreat can nourish your mind and body. Use technology, like mindfulness or productivity apps, to remind you to take mini breaks during your day.
7. Celebrate Success
Don’t overlook the wins! Reflect on how much you’ve achieved in the past year. Recognising milestones, no matter how small, can boost morale.
Need Some Help Managing Your Business?
Running a NZ business is no small feat, but you don’t have to do it alone. If you need help managing systems, technology, payroll, or other operational tasks, we’re here to provide expert business advice.
Your well-being is essential not just for your own success but also for the growth of your business. Let us support you in reclaiming your passion and building a sustainable, thriving future.
Contact us today for personalised assistance – because when you’re at your best, so is your business.
Together we can achieve more.
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